Talk @ Crowd Dialog Europe 2016 in Graz / Austria Blockchain technology is about to decentralize the web. Platforms like the ones vor crowdfunding could be the next victimes to to that development. But also second markets in connection with equity-based crowdfunding are done with blockchain systems.

1. Crowd Dialog Europe
Graz 2016
BlockchainHub Graz■ Thomas Zeinzinger & Max Tertinegg ■ September 8, 2016

2. # Not-For-Profit
# Translate Blockchain to Non Techies
# Connect various Networks and Organizations

3. Meet the Team
Thomas Zeinzinger Max Tertinegg Sandra Zitz Thomas Schwarzl
Shermin Voshmgr
Berlin Brussels
Jean-Luc Verheist

4. AGENDA
Let‘s talk about Blockchain
Technology
v Basics
v Crowdfunding
v Challenges (WS)

5. Basics
v Why is everybody so excited about blockchain technology?
v What is Bitcoin and how does it work (demonstration)?
v How safe is our money?
v What is the blockchain and what is so special about it?

6. Internet vs.
Blockchain
Why is everybody so excited
about blockchain technology?
Internet and Blockchain
increase the speed of
interactions
Internet - Information
Blockchain - Value

7. Bitcoin: the
first
blockchain
Bitcoin and blockchain
technology came into
existence together

8. Bitcoin: a
peer-to-peer
electronic
cash system

9. Live demo https://bitpay.com/demos

10. What is
Bitcoin?
Peer-to-peer
No central authority
Fast transactions
Very low barrier of entry

11. What is
Bitcoin?
No bank account needed
No borders
Open source
Censorship resistant

12. What is
Bitcoin?
„Cash for the internet“
„Digital gold“
Max. 21. Mio bitcoins

14. Blockchain –
Chain of
Blocks!?
What is the blockchain and what
is so special about it?
ü Shared Database
ü Multiple Writers
ü No Trust Needed
Global, instantaneus
value transfer between
humans and machines!

15. Blockchain in
Action
Public Networks can be watched
by everyone with access to the
internet.
https://blockchain.info/de/
https://ethstats.net/

16. Crowdfunding
v Reward-Based Crowdfunding
v Equity-Based Crowdfunding
v Lending-Based Crowdfunding
v Loan-Based Crowdfunding
v Decentralized Autonomous Organization - DAO

17. Reward-Based
Crowdfunding
Bitcoin has shown that a
cryptocurrency can work ... Why
not creating own coins and sell
them?
Ethereum (18.3 mn $)
Storj (0.5 mn $)
Lisk (5.5 mn $)
Waves (16 mn $)
Heat (coming soon)

18. Equidy-Based
Crowdfunding
Trading equity is typically not that
easy. This problem is addressed
from various sides.
Funderbeam (Bitcoin)
Weifund (Ethereum)
Heat (2017, NXT)
SmartAngels & BNP
Paribas (?)
Linq (Chain)

19. Lending-
Based
Crowdfunding
P2P lending is probably the most
obvious way for the cryptospace,
but is hampered by AML & KYC.
P2P Lending - Total Market:
Estimated $150bn by 2025
LoanCoin (2014,
suspended)
MoneyCircles (2016?
Uphold, Ethereum-Based)

20. Donation-
Based
Crowdfunding
Examples in the crypto-space are
really rare!
Crypto Crowding (?)

21. Decentralized
Autonomous
Organization
The first DAO (“The DAO) has
collected 150 mn$ within 28 days
and was intendet to spend that
money on projects selected by the
backers of the DAO.
The DAO
• Escrow
• Voting
• Spliting

22. 50 mn$

23. Challenges – Workshop
v What legal challenges do you see if equity representing tokens can
be traded on the secondary market?
v What should be the value proposition of decentralized
crowdfunding platforms (e.g. Weifund) to gain more traction?
v What is your believe in the future of DAO’s as funds, managed by
voting through the owners?

24. Follow us
www.blockchainhub.net/graz
blockchainhubgraz
@bchgraz
Thomas Zeinzinger
@leantom42
Max Tertinegg
@maxmin